Categories
general

Traditional gift-giving in China spawns both bribery and lucrative reselling industry

At least, according to this article in Yahoo! News – Oddly Enough.

“Big gift givers make important contributions to China’s economic development,” an unidentified economist was quoted as saying in the International Herald Leader ahead of the beginning of the Year of the Rooster.

“But what they are doing could be called a form of corruption.”

Officials must report any gifts worth more than 50 yuan (3 pounds) but few do.

Notable are the search (and seizure?) tactics of some government agencies regarding gifts.